BB&T 2015 Annual Report Download - page 247
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ARTICLE IV
NONFORFEITABILITY OF ACCOUNTS
Upon Separation from Service, the interest of a Participant in his Salary Reduction Account as well as his Matching
Account (including any Company Stock Account) shall not be subject to forfeiture; provided, however that in the event the Participant
has engaged in misconduct, including, but not limited to, embezzlement, larceny, theft, and other dishonest acts affecting the Employer,
or has engaged in direct competition with the Employer while a Participant, such Participant shall forfeit the entire interest in his
Matching Account.
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.